Prepare the journal entries please ? List off account titles which can be used are Accounts payable, Accounts Receivable, Accumulated Depreciation- Building, Accumulated Depreciation- Equipment, Advances to employee, Allowance to doubtful Accounts, Allowance to doubtful Notes, Cash, Common shares, Cost of goods sold, current portion of bank load payable, Deferred revenue, Depreciation Expense, Estimated inventory returns, Equipment, Income tax expense, income tax payable, income tax receivable, insurance expense, interest expense, interest payable, interest receivable, inventory, land, No entry, salaries payable, salaries expense, sales, sales discounts, sales return and allowances,

Selected transactions follow for Golden Sports Ltd. during the company's first month of business. The company expects a return rate of 8% and uses a perpetual inventory system. Feb. 2 Sold $1,129 of merchandise to Andrew Noren on account, terms n/30. The goods had cost Golden $762. 4 Andrew Noren returned for credit $141 of the merchandise purchased on February 2 . The goods had cost Golden $85 and they were returned to inventory. 5 Sold $757 of merchandise to Dong Corporation on account, terms n/30. The goods had cost Golden $490. 8 Sold $838 of merchandise to Michael Collins for cash. The goods had cost Golden $624. 10 Sold $915 of merchandise to Rafik Kurji account, terms n/30. The goods had cost Golden $676. 22 Dong Corporation paid its account in full. 24 Andrew Noren purchased an additional $689 of merchandise on account, terms n/30. The goods had cost Golden $410 27 Sold $1,746 of merchandise to Batstone Corporation, terms n/30. The goods had cost Golden $1,108. 28 Andrew Noren paid $988 on account. Sales No Entry (To record sales) Cost of Goods Sold 762 Imveritory 762 No Entry (To record cost of goods sold) Sales Returns and Allowances Accounts Recelvable (To record sales returns) Imventory Cost of Goods Sold (To record cost of goods returned) dcoounts Recelvable Soles No Entry (To record sales) Cost of Goods Sold Imventory No Entry